Earning more than £100,000
in your Web Business
By Craig Dawber
Is the web business still as profitable as it was earlier? Surprisingly,
the answer is still yes. Let us show you the strategy.
Can this really be possible? One would ask. One can do it in Web Business
too. Who wouldn�t want a web business that generates £100,000 on
its own? Not having to worry about the specifics of keeping merchandise,
tracking orders, shipping orders and all the other small details that are
associated with running such a business.
Yes, its possible and it can be done.
The answer is to simply remove the negative aspects of the business.
One of the negative aspects is the physical element. Take it out of the
business. Whereby one would not be bound by the criteria of tracking order,
shipping the products, return of damaged goods etc.
The other part is to not sell products, which require warranty and guarantee.
This means not sell products, which require after sales service or hands
on support.
These are like the troublesome two�s, remove them and you can have a
commercial website, which will automatically generate profits.
Means to your profitability
· Internet is a medium which is widespread and should be extensively
used
· You will find that most people use the Internet as a means
to search. Search for solutions or search for products and services that
they want to buy.
· Therefore, the web business should be geared around the simple
concept of helping others find what they require on the Internet. Whether
it�s a product or a service. When your website, will help them to find
what they are looking for. You are in the business of generating profits.
Web hosting business
At any given moment of time, people are looking for web hosting on the
Internet to host their sites. Better still, many are dissatisfied by their
current hosting sites and want a change. In fact according to latest reports
there are over 300 million web sites on the web. They range from pots and
pans, to selling cars, company websites, children�s websites and what not.
According to the same report, 90% are commercial web hosting services.
How does the web hosting services make money?
Fairly simple � they have arrangements (called affiliate arrangements)
with all sites that they review or rank. Any visitor who visits this site
generates an affiliate commission for the site.
Now lets suppose that the site ranks other sites according to their
usability or traffic generated on the Internet. Supposing that it lists
the top 100 sites like these. Further these 100 sites get at least 1000
hits in a day. Further even if say 15% were to click on the affiliate link
back to the host provider, it would mean more than £100,000 in profits.
Lets see how.
Say the affiliate commission provided would be £30 per site and
just 1% of the 1000 visitors signed up with the host site. The mathematics
is quite simple £300 a day or £109,500 in a year. This is a
simplistic model but definitely achievable.
Customize the site diverting more traffic to the site
There are hundreds of such sites listed and operational on the Internet.
However the ones, which are different, get more traffic diverted towards
them. Now many of the sites also offer other services and products
· Many offer review programs on topics like e-books, affiliate
programs, merchant accounts etc.
· The site has to look professional and instil confidence in
the viewers. They may contain less than 50 pages.
· Their promotion is primarily through advertisements on the
search engines or through search engine optimisation.
In the end, will I be able to make profits
The key to success is hard work and confidence that one can instil in
the buyers. That�s what these sites are about. If the traffic, which visits
these sites on the Internet, is not convinced about the genuineness, in
other words don�t have confidence on the site. Then the whole experience
has gone kaput. Your site will also be one of the have been sites on the
Internet.
The risk that you encounter is small. But if you want to be a true professional
then you must treat it as a challenge and make the site work for you.
The running and the operational costs for these sites are very less.
The yearly charges for hosting such review sites can be as less as £100.
Consider small overheads, the profit of £100,000 a year and above
is truly fascinating. Hence one should make the most of it, as these sites
are very few on the Internet.
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